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LAS VEGAS - Hyperscale Data, Inc. (NYSE American:GPUS) announced Friday that its subsidiary askROI has surpassed one million cumulative app downloads across the Apple App Store and Google Play platforms. The company, currently valued at approximately $12 million in market capitalization, has been facing financial challenges with an InvestingPro analysis showing a weak overall financial health score of 1.4 out of 5.
The askROI app, also accessible through askROI.com, provides artificial intelligence-driven tools including an AI chat assistant, knowledge integration capabilities, and workflow assistants. These tools are designed for financial analysis, business productivity, and real-time data insights.
"Crossing one million cumulative downloads is a huge milestone for askROI as it underscores the continually growing demand for AI driven solutions," said Milton "Todd" Ault III, Executive Chairman of Hyperscale Data, in a press release statement.
Hyperscale Data operates through its subsidiary Sentinum, Inc., which mines digital assets and offers colocation and hosting services. The company also owns Ault Capital Group, Inc. (ACG), which it currently plans to divest in the first quarter of 2026.
Following this planned divestiture, Hyperscale Data will focus on operating data centers to support high-performance computing services and holding digital assets. Until then, the company will continue providing services through ACG and its subsidiaries across various industries including AI software, social gaming, equipment rental, defense/aerospace, industrial, automotive, and hotel operations.
The company issued one million shares of Series F Exchangeable Preferred Stock to stockholders on December 23, 2024, which will be used in the exchange offer for the ACG divestiture. Trading near its 52-week low of $0.37, GPUS stock has declined by 95% over the past year. According to InvestingPro Fair Value analysis, the stock appears undervalued at current levels, though investors should note the company’s significant debt burden and negative EBITDA of -$11.5 million.
In other recent news, Hyperscale Data, Inc. announced plans to divest its Montana assets, including land leases and power contracts, to focus on expanding its Michigan facility. The Montana properties, capable of providing approximately 10 megawatts of power each, include a fully operational data center used for cryptocurrency mining. Additionally, Hyperscale Data reported holding $1.33 million in digital assets, with approximately $1.23 million in Bitcoin, representing about 11.9% of its market capitalization. The company highlighted that its Bitcoin holdings, accumulated through mining, now account for 8.1% of its market cap. Hyperscale Data also anticipates exceeding its 2025 revenue guidance of $125 million to $135 million, driven by growth in its software license business. Its subsidiary, Ault Capital Group, expanded its affiliate network to over 170 global partners, supporting the launch of the Ault Mining Node Software. Furthermore, the company’s subsidiary, Alliance Cloud Services, strengthened its partnership with a Silicon Valley cloud provider after deploying NVIDIA GPUs at its Michigan facility. This deployment validated their capability to deliver AI and high-performance computing infrastructure.
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